Person · 2 items

Sam Altman

Former Y Combinator president.

Articles (2)

Article

Black Swan Seed Rounds

Sam Altman

Altman observes that the best investments he's made were rounds nobody else wanted, and the hottest, most oversubscribed seed rounds mostly produced mediocre outcomes. Explains why consensus and quality are inversely correlated at seed.

Momentum & signalingFundraising psychologySeed
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Article

The Post YC Slump

Sam Altman

Altman on the pattern where startups treat closing a round as the achievement, coast afterward, and die: fundraising success is a lagging indicator that buys time, nothing more.

Fundraising psychologyRaise readinessSeed
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